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Staar Surgical wins Health Canada nod as shares hit 52-week low
Implantable contact lens maker Staar Surgical (NSDQ:STAA) said it earned Health Canada approval to sell its EVO Visian ICL in the country. The device to correct myopia and astigmatism is permanently...
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Biostage unveils $5 million offering for organ regeneration tech
Organ regeneration specialist Biostage (NSDQ:BSTG), formerly know as Harvard Apparatus Regenerative Technology, announced that it will offer $5 million worth of common stock May 19 to fund its ongoing...
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Mitralign drums up $40m Series E for heart valve repair devices
Mitralign said today that it raised a Series E round worth nearly $40 million for a pair of heart valve repair devices, its namesake Mitralign annuloplasty system and the Trialign device for tricuspid...
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Renal Dynamics launches post-market trial for Redy 3rd-gen renal denervation...
Renal Dynamics said it launched a post-market study of its Redy renal denervation device for treating hypertension, after winning CE Mark approval for the device last November. Zug, Switzerland-based...
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Report: GE Healthcare CEO Flannery turns his eye from M&A to internal growth
GE Healthcare (NYSE:GE) CEO John Flannery, who oversaw more than $26 billion in deals during his tenure as the conglomerate’s business development leader, is reportedly looking to a different playbook...
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Johnson & Johnson, HP ink medical 3D printing deal
Johnson & Johnson (NYSE:JNJ) said today it inked a deal between its J&J Services biz and a subsidiary of HP to collaborate on using 3D printing tech to create “better health care outcomes at...
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Grifols puts up $50m for 20% stake in Singulex
Grifols (NSDQ:GRFS) said today it invested $50 million in clinical diagnostic tech developer Singulex, giving Grifols a 20% stake in the company. Grifols’ investment in Singulex now has a fully-diluted...
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MassDevice.com +5 | The top 5 medtech stories for May 17, 2016
Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s...
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BTG Group FY profit doubles, sees 8-15% rev growth
(Reuters) – British healthcare group BTG (LON:BTG) said its full-year pretax profit doubled from a year earlier as sales of its interventional therapies picked up, and forecast an 8-15% revenue growth...
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Philips and Profound Medical extend ablation tech deal
Royal Philips (NYSE:PHG) said it extended its deal with Profound Medical to include a sales and marketing agreement to promote Profounds’ Tulsa-Pro ultrasound ablation system. Profounds Tulsa system...
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Pentax Medical picks up controlling shares in Simmedica.
Hoya (TYO:7741) subsidiary Pentax Medical said today it acquired over 90% of the shares in Spanish and Portugeuese endoscopy and surgery product and service company Simmedica. Pentax Medical said it...
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ReWalk inks collab deal with Harvard to develop “soft” exosuit
ReWalk Robotics (NSDQ:RWLK) said today it inked a collaborative research with Harvard’s Wyss Institute to develop a lightweight “soft suit” exoskeleton system for lower limb disabilities. The...
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Digital “fingerprint” for medical devices could help thwart hackers
As security becomes more and more important in medical device development groups are turning to new systems that create “fingerprints” for trusted devices to lock out invasive forces, according to a...
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Mazor Robotics inks $42m deal with Medtronic
Mazor Robotics (NSDQ:MZOR) said today that it inked a 2-phase deal with Medtronic (NYSE:MDT) for its robot-assisted spine surgery technology that includes a co-promotion agreement and an equity...
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US FDA issues technical guidance for medical devices using 3-D printing
By Stewart Eisenhart, Emergo Group New draft guidance from the US Food and Drug Administration covers premarket and quality system issues concerning medical devices incorporating additive manufacturing...
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Smith & Nephew deals Truclear gynecology biz to Medtronic for $350m
Smith & Nephew (NYSE:SNN) said today that it’s dealing its gynecology business to Medtronic (NYSE:MDT), including the Truclear hysteroscopic resection and removal system, for $350 million. The...
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Zimmer Biomet closes Cayenne Medical buy
Zimmer Biomet (NYSE:ZBH) said today that it closed its buyout of Cayenne Medical and its soft tissue reconstruction devices for an unspecified amount. Scottsdale, Ariz.-based Cayenne makes devices for...
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Teleflex closes $400m debt offering
Teleflex (NYSE:TFX) said Monday it closed a $400 million debt offering round through the offering of 4.875% senior notes due in 2026. The Wayne, Penn.-based company said it expects to net approximately...
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U.S. trial test machine that ‘reconditions’ lungs outside body
(Reuters) – A machine that ‘reconditions’ a donor’s lungs outside the body before being transplanted into a recipient is undergoing tests in the United States in the hope that it can radically improve...
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Edwards touts multi-trial heart valve data
Edwards Lifesciences (NYSE:EW) yesterday released results from 3 trials of its surgical heart valves designed for treating aortic valve disease, touting positive clinical results from studies of over...
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